Best Business Schools by Graduate Salary & ROI (2026)
These are the top schools offering Business, ranked by DegreeOutlook Score. The score combines graduate earnings, AI automation resilience, job market demand, and return on tuition investment. The average Business graduate earns $48,212/yr across 242 schools.
What do Business graduates do? See career paths and salaries →
Why Indiana's Kelley School Delivers Elite Outcomes at a Public Price
Indiana University-Bloomington clinches the #1 spot by combining the powerhouse reputation of its Kelley School of Business with a public university price tag. Kelley has exceptionally deep recruiting pipelines with major corporations across the Midwest and the nation, especially in finance and supply chain. This access to elite jobs, which produces $71,100 average earnings, combined with relatively affordable tuition, is what generates its stellar 21.4x return on investment and top ranking.
Don't Chase Prestige: How UT Austin Out-Earns NYU for a Fraction of the Cost
The data reveals a classic value trap. While New York University ranks #10, its graduates are out-earned by those from #13 The University of Texas at Austin, who pull in an average of $94,041—the highest salary in our entire ranking. UT Austin's deep integration with the city's booming tech and business sectors delivers elite paychecks, while its public tuition results in a strong 19.1x ROI. NYU's astronomical cost, by contrast, yields a meager 4.7x ROI, proving that a higher rank doesn't always mean a better financial decision.
The Public University Advantage: Why State Schools Dominate Business
It's not an accident that 18 of our top 20 programs are at public universities. This ranking's focus on outcomes versus cost means that for a general business degree, state schools offer an unbeatable value proposition. Large, well-funded public business schools provide massive alumni networks and attract a wide range of corporate recruiters, delivering powerful career results—like a 26.6x ROI at the University of Houston-Clear Lake—without the debt burden of their private counterparts.
AI Won't Take Your Job, It Will Redefine It
The 49.4% AI task exposure across this field doesn’t mean your job is at risk; it means the boring parts will be automated. AI will handle the grunt work of pulling sales data, generating weekly reports, and performing initial budget analysis. Your value will shift from doing these tasks to interpreting the AI's output, persuading colleagues, spotting the strategic trends the machine misses, and leading your team to act on those insights—skills that are uniquely human.
All Business Programs Ranked
Click any row for full AI scenario analysis, earnings projections, and career path breakdown.
| # | School | DW Score | Earnings | ROI |
|---|---|---|---|---|
| 1 |
Indiana University-Bloomington
Bloomington, IN · Public |
84
80–84 |
$71,100/yr | 21.4x |
| 2 |
CUNY Graduate School and University Center
New York, NY · Public |
81
76–81 |
$65,520/yr | 24.6x |
| 3 |
University of Houston-Clear Lake
Houston, TX · Public |
81
76–81 |
$56,494/yr | 26.6x |
| 4 |
Bellevue University
Bellevue, NE · Private nonprofit |
77
72–77 |
$58,128/yr | 18.5x |
| 5 |
Empire State University
Saratoga Springs, NY · Public |
77
72–78 |
$57,225/yr | 21.2x |
| 6 |
University of Baltimore
Baltimore, MD · Public |
75
70–76 |
$52,329/yr | 17.3x |
| 7 |
University of Missouri-Columbia
Columbia, MO · Public |
75
70–76 |
$55,999/yr | 13.3x |
| 8 |
Indiana University-East
Richmond, IN · Public |
74
69–74 |
$54,860/yr | 17.8x |
| 9 |
Montana State University
Bozeman, MT · Public |
74
69–75 |
$48,164/yr | 20.1x |
| 10 |
New York University
New York, NY · Private nonprofit |
74
71–75 |
$77,828/yr | 4.7x |
| 11 |
Wright State University-Lake Campus
Celina, OH · Public |
74
69–75 |
$46,523/yr | 21.9x |
| 12 |
Tarleton State University
Stephenville, TX · Public |
74
69–75 |
$49,471/yr | 20.2x |
| 13 |
The University of Texas at Austin
Austin, TX · Public |
74
71–75 |
$94,041/yr | 19.1x |
| 14 |
California State University-San Marcos
San Marcos, CA · Public |
74
69–74 |
$46,958/yr | 21.1x |
| 15 |
University of Central Florida
Orlando, FL · Public |
73
69–74 |
$45,050/yr | 25.2x |
| 16 |
Florida State University
Tallahassee, FL · Public |
73
68–74 |
$47,342/yr | 26.0x |
| 17 |
Indiana University-Indianapolis
Indianapolis, IN · Public |
73
68–74 |
$52,467/yr | 15.1x |
| 18 |
University of Houston-Downtown
Houston, TX · Public |
73
68–73 |
$47,469/yr | 19.7x |
| 19 |
University of Wisconsin-Whitewater
Whitewater, WI · Public |
73
68–74 |
$49,965/yr | 18.3x |
| 20 |
University of Wisconsin-Parkside
Kenosha, WI · Public |
73
68–73 |
$45,679/yr | 20.2x |
| 21 |
Northeastern Illinois University
Chicago, IL · Public |
72
68–73 |
$45,015/yr | 15.1x |
| 22 |
Indiana University-South Bend
South Bend, IN · Public |
72
67–72 |
$48,238/yr | 17.7x |
| 23 |
Kansas State University
Manhattan, KS · Public |
72
67–73 |
$54,223/yr | 13.7x |
| 24 |
Ohio State University-Lima Campus
Lima, OH · Public |
72
67–73 |
$48,597/yr | 16.6x |
| 25 |
Ohio State University-Mansfield Campus
Mansfield, OH · Public |
72
67–73 |
$48,597/yr | 16.6x |
| 26 |
Ohio State University-Marion Campus
Marion, OH · Public |
72
67–73 |
$48,597/yr | 16.6x |
| 27 |
Ohio State University-Newark Campus
Newark, OH · Public |
72
67–73 |
$48,597/yr | 16.6x |
| 28 |
University of South Florida
Tampa, FL · Public |
71
67–72 |
$45,357/yr | 22.3x |
| 29 |
Indiana University-Southeast
New Albany, IN · Public |
71
66–72 |
$47,862/yr | 17.6x |
| 30 |
University of Kansas
Lawrence, KS · Public |
71
66–71 |
$49,339/yr | 13.4x |
| 31 |
Northeastern University
Boston, MA · Private nonprofit |
71
67–72 |
$74,868/yr | 3.4x |
| 32 |
Oakland University
Rochester Hills, MI · Public |
71
66–71 |
$56,118/yr | 10.8x |
| 33 |
University of Nevada-Reno
Reno, NV · Public |
71
66–72 |
$45,630/yr | 17.0x |
| 34 |
Wake Forest University
Winston-Salem, NC · Private nonprofit |
71
67–71 |
$76,722/yr | 3.1x |
| 35 |
Wright State University-Main Campus
Dayton, OH · Public |
71
66–71 |
$46,523/yr | 14.4x |
| 36 |
Trinity International University-Illinois
Deerfield, IL · Private nonprofit |
70
66–71 |
$47,463/yr | 13.2x |
| 37 |
University of Kentucky
Lexington, KY · Public |
70
65–70 |
$49,431/yr | 12.0x |
| 38 |
Northern Kentucky University
Highland Heights, KY · Public |
70
66–71 |
$48,654/yr | 14.0x |
| 39 |
University of Oregon
Eugene, OR · Public |
70
65–71 |
$46,897/yr | 11.7x |
| 40 |
The University of Texas at Dallas
Richardson, TX · Public |
70
64–70 |
$51,060/yr | 11.0x |
| 41 |
West Texas A & M University
Canyon, TX · Public |
70
65–70 |
$43,167/yr | 17.0x |
| 42 |
West Virginia University Institute of Technology
Beckley, WV · Public |
70
66–71 |
$42,298/yr | 19.8x |
| 43 |
University of Wisconsin-Milwaukee
Milwaukee, WI · Public |
70
65–70 |
$45,570/yr | 15.1x |
| 44 |
Strayer University-District of Columbia
Washington, DC · Private for-profit |
69
64–70 |
$55,431/yr | 10.6x |
| 45 |
Boise State University
Boise, ID · Public |
69
64–69 |
$45,318/yr | 16.0x |
| 46 |
Purdue University Fort Wayne
Fort Wayne, IN · Public |
69
65–70 |
$46,950/yr | 15.4x |
| 47 |
Montana State University Billings
Billings, MT · Public |
69
65–70 |
$44,082/yr | 20.3x |
| 48 |
University of Houston-Victoria
Victoria, TX · Public |
69
65–70 |
$43,691/yr | 18.7x |
| 49 |
University of North Texas
Denton, TX · Public |
69
65–70 |
$45,122/yr | 14.1x |
| 50 |
Strayer University-Virginia
Arlington, VA · Private for-profit |
69
64–70 |
$55,431/yr | 10.6x |
Scores calculated using College Scorecard, BLS, and AI task-exposure data. See full methodology →